Home Insurance
Home insurance protects your house structure and the things inside it against risks like fire, theft, burglary and natural disasters such as floods, storms and earthquakes. You can cover just the building, just the contents, or both, and choosing a long-term policy (often up to 10 years) usually means a lower overall cost. As a trusted insurance advisory, Assurmate compares plans from 75+ insurance partners and gives you free, conflict-free advice plus full claims support.
What it is
Home insurance is a property cover that pays to repair, rebuild or replace your home and belongings if they are damaged, destroyed or stolen due to insured events. The "structure" or building cover protects the bricks-and-mortar (walls, roof, fittings and sometimes the cost of rebuilding), while the "contents" cover protects what's inside such as furniture, appliances, electronics and valuables.
In India many insurers now offer a standardised home cover called Bharat Griha Raksha, which automatically includes both the building and general contents, alongside their own comprehensive home plans. You can buy cover as an owner or a tenant, and the right structure depends on whether you own the home, rent it, or are protecting only your possessions. Cover, limits and exact wording vary by insurer and policy.
Who needs it
Home insurance suits anyone with a meaningful stake in a property or its contents: homeowners protecting the single biggest asset they own, those repaying a home loan, families with valuable furniture, electronics and jewellery, and tenants who want to safeguard their belongings even though the building isn't theirs. It is especially worth having if you live in an area prone to floods, cyclones, earthquakes or fire risk, or if rebuilding your home out of pocket would be a serious financial setback. Even a modest annual premium can stand between a one-off disaster and years of recovery, which is why a properly matched policy matters more than simply the cheapest one.
What's covered
- Building structure damage from fire, lightning and explosion
- Damage from natural disasters such as floods, storms, cyclones and earthquakes
- Burglary, theft and attempted theft of contents
- Contents cover for furniture, appliances and electronics
- Valuables such as jewellery and silverware (often up to a sub-limit)
- Damage from riots, strikes and malicious acts
- Loss or damage from impact, water tank or pipe bursts
- Alternative accommodation or rent while the home is being repaired (varies by insurer)
Typically not covered
- Normal wear and tear, ageing, rust, corrosion and gradual deterioration
- Willful or intentional damage caused by you or your family
- War, nuclear risks and acts of terrorism (unless specifically added)
- Loss of cash, securities, deeds or documents (unless a special cover applies)
- Damage to property that is left unoccupied beyond the permitted period
- Losses from poor maintenance, faulty construction or pre-existing defects
Why buy it through Assurmate
Protects your biggest asset
Rebuilding or repairing a home is expensive, and a policy means a fire, flood or earthquake doesn't wipe out years of savings in one go.
Covers both structure and belongings
You can insure the building, the contents inside, or both, so your walls and your valuables are protected under one plan.
Affordable long-term cover
Discounted multi-year policies, often up to 10 years, lock in protection and usually work out cheaper than renewing every single year.
Compare 75+ insurance partners in one place
Assurmate is a trusted insurance advisory, so we line up plans side by side and help you pick on cover and value, not on sales pressure.
Free, conflict-free advice
Our guidance costs you nothing and we don't underwrite policies, so our only job is to find the right fit for your home and budget.
Real support at claim time
If disaster strikes we help you file, follow up and push your claim through, so you're not left navigating paperwork alone.
Optional add-ons
- Valuables and jewellery cover. Raises the sub-limit on jewellery, watches and other high-value items so expensive possessions are fully protected, often with documentation.
- Alternative accommodation / rent cover. Pays for temporary housing or rent if your home becomes uninhabitable after an insured event while repairs are underway.
- Personal accident cover. Provides a lump sum or compensation if an insured member of the household suffers accidental death or disability.
- Public liability cover. Covers your legal liability if someone is injured or their property is damaged within your insured home premises.
- Electrical and electronic appliance breakdown. Extends protection to mechanical or electrical breakdown of home appliances, beyond standard fire and theft perils.
- Terrorism cover. Adds protection against loss or damage caused by acts of terrorism, which is otherwise excluded from a base policy.
How to buy through us
- 1
Tell us about your home
Share basic details such as whether you own or rent, the rebuilding cost, the value of contents and your location so we understand your risk.
- 2
Compare matched plans
We line up suitable home insurance options from 75+ insurance partners and explain the cover, limits and exclusions in plain language.
- 3
Pick the right cover and pay
Choose the plan and any add-ons that fit, including a discounted long-term option if you want, and complete the purchase securely.
- 4
Get your policy and ongoing support
Receive your policy documents, and lean on our team for renewals, changes and full claims support whenever you need it.
Home Insurance questions
The things people ask us most about this cover.
Building cover protects the physical structure of your home such as walls, roof and permanent fittings, while contents cover protects movable belongings inside like furniture, appliances, electronics and valuables. You can buy one or both, and tenants usually take only contents cover since they don't own the structure.
Yes. If you rent, you can take a contents-only policy to protect your own belongings against fire, theft and other insured events, even though the building belongs to your landlord. The landlord would typically insure the structure separately.
For the building, the sum insured is usually based on the cost to rebuild (carpet area multiplied by construction rate), not the market or land value. For contents, it's based on the replacement value of your belongings. Exact methods vary by insurer and policy wording.
Most comprehensive home policies and the standardised Bharat Griha Raksha cover include natural catastrophes such as floods, storms, cyclones and earthquakes as standard. It's worth confirming this in the policy wording, as inclusions and any conditions can vary by insurer.
Multi-year home policies, often available up to 10 years, typically come with a discount and protect you from yearly premium increases. They also mean you don't risk a lapse in cover from forgetting to renew, though you should still review the cover periodically.
Assurmate is a trusted insurance advisory, so we compare plans from 75+ insurance partners and give free, conflict-free advice rather than pushing one company's product. We also provide full claims support, helping you file and follow through if you ever need to use the policy.
Related cover
Personal Accident Insurance
Cover for accidental death and disability when you cannot earn.
Explore coverHealth Insurance
Cashless hospitalisation cover that protects your savings from rising medical bills.
Explore coverFamily Floater Health Insurance
One policy, one premium that covers your entire family under a shared sum insured.
Explore coverNot sure if Home Insurance is right for you?
Tell us a little about your situation and an advisor will recommend the best-fit cover across 75+ insurance partners — free and unbiased.
Request a free callback
Share a few details and an advisor will reach out, usually the same day.